According to our latest study on “Radar Detectors Market Forecast to 2030– COVID-19 Impact and Global Analysis – by Type and Radar Type,” the radar detectors market size is expected to reach US$ 290.06 million by 2030 from 207.75 million in 2022, with an estimated CAGR of 4.3% from 2022 to 2030.
Growing Popularity of GPS-Enabled Radar Detectors to Drive the Radar Detectors Market During Forecast Period
GPS-enabled radar detectors use a GPS receiver to store the location of known speed and red-light cameras. The detector sounds an alert when it passes one of these locations. The detector can also use GPS to filter out false alerts from other radar sources, such as automatic door openers and blind spot monitoring systems. GPS-enabled radar detectors can detect radar, laser, and VG-2 signals and improve accuracy and real-time information for drivers. Various brands, including Cobra and ESCORT, provide popular GPS radar detectors, such as Cobra RAD 350, Escort Max 360, and Uniden R7. Thus, the popularity of GPS-enabled radar detectors propels the growth of the radar detectors market.
Key Findings of Radar detector Market Study:
The radar detectors market is segmented into type, radar type, and geography. Based on type, the radar detectors market is segmented into corded and remote mounted. Based on radar type, the radar detectors market is segmented into dash camera-based and without dash cam. By geography, the radar detectors market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Corded radar detectors are mounted on vehicles to help drivers control their speed. They help the driver decrease the vehicle's speed and avoid being ticketed for speeding by police or law enforcement. They have a better range compared to cordless radar detectors. These radars are widely used by daily commuters who desire increased road awareness and intelligence. Market players are introducing advanced corded radar detectors with enhanced features. For instance, in September 2022, ESCORT launched MAX 360c MKII, a radar detector that provides 50% improved detection range, faster performance, and better false alert filtering software so drivers can detect threats at a superior range and with more time to react accordingly. In addition, features of corded radar detectors, such as dual-band Wi-Fi and advanced false alert filtering software to minimize false radar signals, contribute to their adoption and fuel the radar detector market growth for the segment.
The radar detectors market consists of players such as Cedar Electronics; Uniden Holdings Corporation; Whistler Group; Valentine Research, Inc.; Radenso; Attowave Co., Ltd; GENEVO s.r.o.; Willtronics; K40 Electronics, LLC; Adaptiv Technologies; and Rocky Mountain Radar.
The overall radar detectors market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the radar detectors market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the radar detectors market.
Speed traps are sections of roads where law enforcement officers use radar or laser to target motorists exceeding the speed limit. They are often set up in areas where there is a high rate of accidents or where there is a need to reduce traffic speed. Motorists' use of radar detectors has increased in recent years in response to the increasing use of speed traps. Radar detectors can detect the radar signals emitted by speed traps, giving motorists time to slow down and avoid getting fined.
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